Yes the traders are getting tired and selling out, that's why the volumes are decreasing markedly.
Interestingly the shorts have increased to 1.5m as at 2nd Feb up from 220k from the 17th January
Hopefully these people will get caught out by all the net buying by this one insto through Goldmans. Their buying is very cleverly disguised with 85 trades averaging around 25k each buy order.
They are just letting the traders, whom have been caught on the wrong side of a trade to sell to him
Would love a bit of competition for Goldmans a second insto buying will make all the difference.
LIN Price at posting:
21.5¢ Sentiment: None Disclosure: Held
